Catalyst Bancorp, Inc. (NASDAQ:CLST) Director Acquires $22,097.00 in Stock

Catalyst Bancorp, Inc. (NASDAQ:CLST) Director Kirk E. Kleiser purchased 1,900 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were bought at an average cost of $11.63 per share, with a total value of $22,097.00. Following the purchase, the director now directly owns 4,400 shares of the company’s stock, valued at approximately $51,172. This represents a 76.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Catalyst Bancorp Stock Up 0.4 %

Shares of Catalyst Bancorp stock traded up $0.05 during trading on Friday, hitting $11.65. 6,952 shares of the stock traded hands, compared to its average volume of 8,923. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.36. The stock’s fifty day simple moving average is $11.38 and its 200 day simple moving average is $11.56. The firm has a market cap of $50.56 million, a P/E ratio of -14.15 and a beta of 0.12. Catalyst Bancorp, Inc. has a 52-week low of $10.60 and a 52-week high of $12.10.

Catalyst Bancorp (NASDAQ:CLST) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.11 EPS for the quarter. The business had revenue of $4.29 million during the quarter. During the same period in the prior year, the company posted $0.03 EPS.

Institutional Trading of Catalyst Bancorp

A number of hedge funds have recently bought and sold shares of CLST. Graham Capital Wealth Management LLC increased its holdings in shares of Catalyst Bancorp by 165.4% in the 2nd quarter. Graham Capital Wealth Management LLC now owns 160,331 shares of the company’s stock valued at $1,857,000 after acquiring an additional 99,912 shares during the period. Wittenberg Investment Management Inc. purchased a new position in Catalyst Bancorp in the third quarter valued at about $416,000. Finally, Geode Capital Management LLC lifted its position in shares of Catalyst Bancorp by 60.5% during the third quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock valued at $439,000 after buying an additional 14,498 shares during the last quarter. Hedge funds and other institutional investors own 33.09% of the company’s stock.

About Catalyst Bancorp

Catalyst Bancorp, Inc operates as a holding company for Catalyst Bank that provides various banking services to individuals and businesses in Louisiana. The company accepts various deposit products, including savings accounts, demand and NOW accounts, money market accounts, and certificates of deposit.